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here is what happens if obama drives us off the cliff. that 82 billion in higher taxes with the top 2 percent, add to that, we don't want to leave anybody of of this deal, $223 billion. now, do you suppose there is a reason that president obama likes to all the talk about those tax hikes, the top 2%? i wonder why. could it be that he wants to draw attention away from the 400 -- let's do that right here, 400 -- $4 billion projected by the congressional budget office, $494 billion of obamacare taxes that will hit not the 2%, not the 98%, but the middle-class, and they start hitting on january 1st, and it does not matter whether we go over the cliff for not. if you have not heard about those tax hikes, perhaps it is because the mainstream liberal media for some strange reason does not want to talk about the inconvenience impact of obama taxes on our middle-class. >> the bill is passed. lou: the house passes the stem emigration bill. some democrats call it racist and pandering. how is that? and republicans also introduced the achieve act. oth
here is what happens if obama drives us off the cliff. that 82 billion in higher taxes with the top 2 percent, add to that, we don't want to leave anybody of of this deal, $223 billion. now, do you suppose there is a reason that president obama likes to all the talk about those tax hikes, the top 2%? i wonder why. could it be that he wants to draw attention away from the 400 -- let's do that right here, 400 -- $4 billion projected by the congressional budget office, $494 billion of obamacare...
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Dec 3, 2012
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excellent rating, 18% said the same for cuomo and both bloomberg and fema got 14% excellence ratings. cory booker is taking part in what he has labelled as the food stamp challenge. he will only eat what food stamps can provide, $4 a meal. a back and forth twitter exchange about the role in funding school breakfast and lunch programs. finally the kennedy center hohnr honore honorees. actor dustin hoffman, buddy guy and a balance lerina all in attendance in the east room event. >> it's different when you're not the one with the mike, isn't it, dave? you're looking a little stressed. >> led zeppelin. henry mancini and led zeppelin have the kennedy center honoree thing in common. oy. the markets will keep watching the slow going fiscal cliff negotiations today. how will wall street react to the latest maneuvering? to the market rundown. we'll let you know when to pay attention. is that still the case? >> i have to admit 28 days and counting. >> if we're in the same place in two weeks, i'll be nervous. >> the 15th they have to have a deal. >> it's nothing. >> it is if you want companies
excellent rating, 18% said the same for cuomo and both bloomberg and fema got 14% excellence ratings. cory booker is taking part in what he has labelled as the food stamp challenge. he will only eat what food stamps can provide, $4 a meal. a back and forth twitter exchange about the role in funding school breakfast and lunch programs. finally the kennedy center hohnr honore honorees. actor dustin hoffman, buddy guy and a balance lerina all in attendance in the east room event. >> it's...
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Nov 29, 2012
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is it mentioned that is a haunted the president obama? anyway, the tenth highest unemployment rate in the country. for stub's illinois a death spiral state because for every hundred private-sector workers in illinois there are 103 depending upon those private-sector workers. new york, aiming at the sixth worst death spiral state because for every 100 private-sector jobs in new york there are 107 who depend on the private sector for their -- well, their sustenance. a per capita debt of nearly $6,700. $6,700 just for the state of new york. the six highest in the country. we have people worrying about the fiscal cliff which is worth worrying about. some of these states have gotten a massive problems. these three among them. unemployment is new york is over 8%. twenty-fourth highest and 16%, 16 percent live below the poverty line. the 22nd highest telling you how much trouble some of these states are in. all three of the states, by the way, have democratic governors and democratic lead and controlled legislature's. to you suppose that is a co
is it mentioned that is a haunted the president obama? anyway, the tenth highest unemployment rate in the country. for stub's illinois a death spiral state because for every hundred private-sector workers in illinois there are 103 depending upon those private-sector workers. new york, aiming at the sixth worst death spiral state because for every 100 private-sector jobs in new york there are 107 who depend on the private sector for their -- well, their sustenance. a per capita debt of nearly...
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Nov 30, 2012
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president obama's insistence that any deal include higher tax rates for high-income earners. we asked wyatt andrews to tell us how that might affect small businesses. >> so we need a couple of boxes for these. >> reporter: kevin green owns two flower and gift shops in alexandria, virginia, and he says raising taxes on the wealthy won't just hurt him. it will hurt his workers and the economy. >> all you do is reduce the capital available for investment and employment. >> reporter: small business owners typically report business income on their personal taxes. in a good year, green's income will exceed $250,000, making him one of the taxpayers the president says should pay more. in his case, an estimated $8,000 more. what's the economic downside to asking eight more thousand dollars for you? >> i don't have $8,000 to spend on those employees or that inventory or the business that draws customers. >> reporter: by congressional estimates there are some 941,000 high-income small businesses. the president says that number includes truly rich small firms like hedge funds, but when r
president obama's insistence that any deal include higher tax rates for high-income earners. we asked wyatt andrews to tell us how that might affect small businesses. >> so we need a couple of boxes for these. >> reporter: kevin green owns two flower and gift shops in alexandria, virginia, and he says raising taxes on the wealthy won't just hurt him. it will hurt his workers and the economy. >> all you do is reduce the capital available for investment and employment. >>...
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Dec 5, 2012
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republicans want to keep tax rates the same b end deductions and loopholes but obama says that will not get the job done. >> it is not possible to raise the amount of revenue required for a balance the package if all you rely on is closing deductions and loopholes. let me amend that. it is possible to do theoretically but it is not practical or wise as a practical many. >>reporter: ending the mortgage deduction would hammer middle class and the charity deduction being ended would hamper universities and colleges. >>trace: when republicans say the higher tax rates will hurt small business? >>reporter: and that, cost jobs. the white house says only the top 2 percent or 3 percent of small businesses are affected republicans say those are the ones that create the vast majority of the jobs. speaker boehner suggests that capping deductions would actually protect the middle class. >> we have to cut spending and put revenues on the table. now, the revenues will come from, guess who? the rip. there are ways to limit deductions, close loopholes and have the same people pay more of their money to
republicans want to keep tax rates the same b end deductions and loopholes but obama says that will not get the job done. >> it is not possible to raise the amount of revenue required for a balance the package if all you rely on is closing deductions and loopholes. let me amend that. it is possible to do theoretically but it is not practical or wise as a practical many. >>reporter: ending the mortgage deduction would hammer middle class and the charity deduction being ended would...
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Dec 6, 2012
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held firm to tax rate hike on the wealthiest. let's listen to the back and forth. >> revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our economy. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that's going to affect your spending, your lifestyles, or the economy in any significant way. let's make sure that 98% of americans don't see it -- a single dime in tax increases next year. >> so, john boehner, the speaker for the republican party in this partisan fight is saying, he's already socking it to the rich. he's willing to raise their taxes in various forms but just not the rate. isn't he agreeing in principle to the president's argument of fairness? isn't he in a weaker position to deny a rate change? governor? >> sure he is, chris. number one, he hasn't specified
held firm to tax rate hike on the wealthiest. let's listen to the back and forth. >> revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our economy. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that's going to affect...
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Nov 30, 2012
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we spoke with gop senator john cornyn about president obama's plans too tax hikes. talking about increasing taxes, letting the tax rate go up on people making over $250,000 a year. as i understand it, that's about $85 billion a year, funding the government for eight days. $85 billion is a lot of money, but if you look at government waste, even senator tom coburn has identified $20 billion in waste. has anybody thought about getting the revenue from waste, seeing just how much we really need? >> the problem has usually been if you rdise taxes, the spending cuts will come later, and they never seem to manifest. >> greta: but not even spending cuts. actually waste. >> well, yeah, waste and fraud and abuse are the famous three horsemen of cuts. but the fact is that many times they're harder to get to it would afternoon. i think tom coburn has done a great service by identifying a lot of duplication and waste in the government, including in the pentagon. i'm a defense hawk, but the pentagon needs to do a better job when it comes to handling the people's money too. you ca
we spoke with gop senator john cornyn about president obama's plans too tax hikes. talking about increasing taxes, letting the tax rate go up on people making over $250,000 a year. as i understand it, that's about $85 billion a year, funding the government for eight days. $85 billion is a lot of money, but if you look at government waste, even senator tom coburn has identified $20 billion in waste. has anybody thought about getting the revenue from waste, seeing just how much we really need?...
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Nov 30, 2012
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the line of agreeing to a rate increase. and that's why i think he's pushing so hard on this. i think most economists would agree that there is often more advantages in capping deductions than in just going for the rates, but i think there's a real political advantage for democrats looking ahead to battle after battle that we'll face down the road in getting republicans to cross that red line. it's sort of a scout, you might say. >> thank you both very much. >>> the united states opposed today's u.n. vote on the palestinian observer state. senator bob menendez saying it could inflame passions throughout the region. welcome to you, senator. >> good to be with you. >> explain to me why you feel so strongly that the palestinians shouldn't have been granted today this nonmember observer state status. >> well, what we announced today is that in fact, should they try to use their nonmember observer status, for the purposes of pursuing other organizations within the united nations such as the international criminal court, in an att
the line of agreeing to a rate increase. and that's why i think he's pushing so hard on this. i think most economists would agree that there is often more advantages in capping deductions than in just going for the rates, but i think there's a real political advantage for democrats looking ahead to battle after battle that we'll face down the road in getting republicans to cross that red line. it's sort of a scout, you might say. >> thank you both very much. >>> the united states...
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on the side of what the republican republicans get, the republicans get the tax rates they want, the medicare cuts they want, the trillion dollars in spending cuts president obama agreed to, hundreds of billions in additional cuts, ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get this. a promise to end undefined tax deductions and loopholes of some kind at some point maybe next year. ta da! a fair and balanced middle ground. >> unfortunately, the speaker's proposal right now is still out of balance. >> yes. balance. here's the amazing part, though. after congressional republicans released their plan yesterday, which gives them everything they want and promises democrats that they might get something undefined that they might want maybe some time in the future. we'll talk about it later. after they put forth that sweet deal, this was the reaction from the beltway's conserv
on the side of what the republican republicans get, the republicans get the tax rates they want, the medicare cuts they want, the trillion dollars in spending cuts president obama agreed to, hundreds of billions in additional cuts, ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get...
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it's not fair when you have the wealthiest among us paying a lower effective tax rate. megyn: is the media -- the media has been focused on the tax hikes and whether president obama is going to get them and not focused on spending cuts. is that because the republicans and the president agree the middle class needs those tax cuts and should get them. the only thing they disagree on is whether the rich should also have tax cuts given to them. the left is say we agreet middle class should get the tax cuts. so let's give them to them. >> you are comment is largely right. the republicans have gone along in a bipartisan manner with the idea there has to be revenue. the speaker has put forward a framework in which he agrees there should be $800 billion of revenue on the table. the problem is -- that's only 1/10 of the problem even if you use the cbo's number. if you raise the taxes on the top 2% you get $90 billion with the most generous estimates of added revenue. the deficit is $1.9 trillion. megyn: mark, the point that i'm trying to get to, is there some arrogance or bias,
it's not fair when you have the wealthiest among us paying a lower effective tax rate. megyn: is the media -- the media has been focused on the tax hikes and whether president obama is going to get them and not focused on spending cuts. is that because the republicans and the president agree the middle class needs those tax cuts and should get them. the only thing they disagree on is whether the rich should also have tax cuts given to them. the left is say we agreet middle class should get the...
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Nov 29, 2012
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in the "wall street journal" they write obama's flexible on highest tax rates. white house's flexibility, described by bowls, confirmed by the administration officials, could envision tax rates -- tax rate increase from the current level but was less than clinton era levels. if the republicans can say, we cut taxes from where they were under clinton it gives them cover though rates may go up. a weird, if there is an act of kabuki theater that would be it, right. >> i see a parallel between the two news story the palestinian vote and the congressional stuff because boehner's -- >> be careful here, my friend, please. >> let me do my caveats first. i still have a job when i walk out of the studio. i sort of see a boehner in the role of a boss here. you know he has got, you know, he's got still a very hard core group of people on right who are not still -- still not terribly afraid and are not taking lessons out of election so he really does have a fundamental concern about how he's going to put together a coalition to do this. and i really do think, for all joking
in the "wall street journal" they write obama's flexible on highest tax rates. white house's flexibility, described by bowls, confirmed by the administration officials, could envision tax rates -- tax rate increase from the current level but was less than clinton era levels. if the republicans can say, we cut taxes from where they were under clinton it gives them cover though rates may go up. a weird, if there is an act of kabuki theater that would be it, right. >> i see a...
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on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax cuts for the middle class. >> it's too important for washington to screw this up. >> reporter: president obama is putting pressure on congressional republicans and he's enlisting middle class americans in getting the gop to take action on taxes. >> when the american people speak loudly enough, lo and behold congress listens. >> reporter: tomorrow he'll host a campaign style event where he calls on lawmakers to extend the tax rates on families making less than $250,000 a year. once that's done they can work on other details such as spending cuts and changes to the tax code, medicare and medicaid. >>
on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax...
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. >> didn't we learn in 2011, where the government seemed less stable and our triple-a rating went down to a double-a rating and right now, john thune was right, it takes time to bush legislation through and we can't have a deal cut on christmas eve. >> is this brinksmanship on behalf of the president and time geithner, his treasury secretary, in terms of what the dems are now offering congress? >> no, i think the president has made a riegsal offer and of course, it's an opening offer, but that silence is deafening for the republicans, for the republicans' response. their political lemmings getting ready to go off the fiscal cliff and rather do that and not violate the no tax pledge they made to grover norquist than to move the ball forward and resolve this for the american people. >> is it really about that, angela and dick, is it really about the pledge that was made to grover norquist, no new taxes? we hear eric cantor saying no new taxes and we know that the dems want to have taxes on the wealthy and also know that the republicans would like to see some spending cuts as well. >> it'
. >> didn't we learn in 2011, where the government seemed less stable and our triple-a rating went down to a double-a rating and right now, john thune was right, it takes time to bush legislation through and we can't have a deal cut on christmas eve. >> is this brinksmanship on behalf of the president and time geithner, his treasury secretary, in terms of what the dems are now offering congress? >> no, i think the president has made a riegsal offer and of course, it's an...
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debt, raising rates. and responsible cuts on entitlements and discretionary spending versus republicans who are divided against something that is a chicken hawk when it comes to the deficits, that is the boehner approach, or the more extremist position which is absolutely nothing.ç so this is an extraordinary position for the republican party to have evolved into. >> you must respond to what julian just said. >> i like julian an awful lot but i think what he said is entirely wrong. it's fascinating president obama last july, july of 2011, said we can get $1.2 trillion in revenue where we don't have to raise marginal tax rates and close loopholes and julian says most economists agree, in fact, this won't add to the deficit. look, you're only talking about $89 billion a year of the tax dollars of top two drapes. julian and i will agree, however, this deal is not serious. you need to have a lot more on the table for entitlements and -- >> let me correct him on a couple of factual matters. we have already s
debt, raising rates. and responsible cuts on entitlements and discretionary spending versus republicans who are divided against something that is a chicken hawk when it comes to the deficits, that is the boehner approach, or the more extremist position which is absolutely nothing.ç so this is an extraordinary position for the republican party to have evolved into. >> you must respond to what julian just said. >> i like julian an awful lot but i think what he said is entirely...
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Nov 30, 2012
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stuart: president obama has got, 167 billion a month just about. don't rewrite economic history, julie. >> i'm not rewriting economic history. stuart: you are. >> i'm not-- >> i'm telling you if you lower tax rates you'll get more revenue. >> that's how do you it. >> i think history showed whether it's ronald reagan or-- >> ronald reagan, george w. bush and-- >> your a telling me that ronald reagan was not increasing deficits. stuart: ronald reagan increased-- >> here is what we're arguing about, you lower tax rates, you get more revenue. >> stuart. stuart: that's a lesson of economic history. >> stuart, i'm sorry. stuart: it is. >> the lesson of the reagan years and bush years, you-- >> it's factually true that when you lower rates, ronald reagan did it, dramatic lower of rates, the revenue to the treasury doubled in five years. that's true. >> are you telling me. stuart: you're saying, oh, he left a deficit. it was congressional spending that led it a deficit. let's get back to the original argument. if you now, right now, lowered tax rates you w
stuart: president obama has got, 167 billion a month just about. don't rewrite economic history, julie. >> i'm not rewriting economic history. stuart: you are. >> i'm not-- >> i'm telling you if you lower tax rates you'll get more revenue. >> that's how do you it. >> i think history showed whether it's ronald reagan or-- >> ronald reagan, george w. bush and-- >> your a telling me that ronald reagan was not increasing deficits. stuart: ronald reagan...
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lost its top credit rating. got some good news from automakers. november was the best month for u.s. auto sales since january 2008. >>> our fourth story, showdown. john boehner today gave president obama a taste of his own medicine, putting out his proposal. i spoke with tom coburn this hour and he said the deal boehner's put on the table is the best compromise out there. listen. >> i'm certain that if this is not good enough for the white house, we will go over the fiscal cliff. >> if you read though, the boehner proposal carefully, no tax rate increases, which we know is a nonstarter for the president. so where does that leave us? john avlon is here to help us read through the lines of the deal, also crunch some of those numbers. first, we're talking about the $800 billion figure. that's in the lert john boehner wrote to the president. >> right. there is no numbers breaking that down. it's a where's the beef question. bumper sticker, we have the numbers but no details. boehner's aides will say that's where the negotiations come in. the devil's i
lost its top credit rating. got some good news from automakers. november was the best month for u.s. auto sales since january 2008. >>> our fourth story, showdown. john boehner today gave president obama a taste of his own medicine, putting out his proposal. i spoke with tom coburn this hour and he said the deal boehner's put on the table is the best compromise out there. listen. >> i'm certain that if this is not good enough for the white house, we will go over the fiscal cliff....
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Dec 1, 2012
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president obama is making that a condition of this deal. and there's got to be some movement eventually, but republicans are going to have to give up a very big, a very big selling point there if they're going to take the president and say, all right, we'll shift rates, even not back to the bill clinton tax levels that the republicans say they don't want to go to, but even just back to somewhere close to that. >> but do you think, i mean, if we're talking, you know, preclinton levels, we're talking north of 39%. is there wiggle room between 35% and 39%? couldn't they just say, 37% is right in the middle, 37.5% is right in the middle. >> john boehner is used to cutting deals. he has a conference that doesn't let him do it. the tea party folk have stopped him again and again and again. he made statements in the past where he had to try to round them up very forceinally and not always with great success. enough trade bait out there. the president has been out there taxing dividend income. that's something that failed when the senate tried to d
president obama is making that a condition of this deal. and there's got to be some movement eventually, but republicans are going to have to give up a very big, a very big selling point there if they're going to take the president and say, all right, we'll shift rates, even not back to the bill clinton tax levels that the republicans say they don't want to go to, but even just back to somewhere close to that. >> but do you think, i mean, if we're talking, you know, preclinton levels,...
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house members would like to extend all current tax rates permanently. that brings certainly the to the economy. get a subsequent bill for the sequestration. work with president obama in a good faith effort to get pro growth tax reform. that would work. we've got the ryan budget that spends $7 trillion less than the president's budget. that would restore the confidence that the economy needs. >> greta: senator, thank you. >> thank you. >> greta: with time running out, you would think that president obama would call the house and senate leaders and ask them to the oval office, but apparently something is wrong with the white house phones. he's trying to outsource the job to you. take a look. >> i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. call your members of congress, write them an email, post it on their facebook walls. you can tweet it using the #my2k. >> greta: why doesn't the president pick up the phone and call john boehner and harry reid? isn't what they're
house members would like to extend all current tax rates permanently. that brings certainly the to the economy. get a subsequent bill for the sequestration. work with president obama in a good faith effort to get pro growth tax reform. that would work. we've got the ryan budget that spends $7 trillion less than the president's budget. that would restore the confidence that the economy needs. >> greta: senator, thank you. >> thank you. >> greta: with time running out, you would...
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professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. th
professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers....
WHUT (Howard University Television)
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to a roundtable of corporate executives in washington, president obama said republicans' aid to examine the reality that tax rates will rise for the wealthiest americans. >> we have seen some movement in the last several days with some republicans. there has been a recognition that, maybe, they can accept some rate increases as long as is combined with a serious impediment reform and additional spending cuts. and if we can get the leadership on the republican side to take that kramer, to acknowledge that reality, then the numbers are actually not that far apart. another way of putting this is, we could probably solve this in about one week. it is not that tough. >> new details have been revealed in the retail giant kermit factory where 120 dacre workers died in a fire last month. "the new york times" is reporting that wal-mart played a key role in blocking the improvement of safety features at the bangladeshi factory. one representative helped quash a proposal that would help to improve safety investments, calling them not financially feasible. documents found at the fire scene also sho
to a roundtable of corporate executives in washington, president obama said republicans' aid to examine the reality that tax rates will rise for the wealthiest americans. >> we have seen some movement in the last several days with some republicans. there has been a recognition that, maybe, they can accept some rate increases as long as is combined with a serious impediment reform and additional spending cuts. and if we can get the leadership on the republican side to take that kramer, to...
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if you look at president obama's job approval rating, it follows the same sort of harsh divide. he is now enjoying an approval rating that he is not enjoyed since early in his term, 54% approve, but you see again if you look at the left side of your screen how this is polarized, with 87% of republicans saying they disapprove. 93% of democrats say they approve. independence in the middle, 48. so you still have this very polarized view of what's going on but there has been a general improvement and that has come largely from independence coming back getting a more even rating to the president. >> we also asked currently the country trust can we as a question of do you approve or disapprove between what we just went through. you see 54-40 to approve, disapprove. we ask that of congress also. do you approve or disapprove the way congress is current handling its job? 72% disapprove. 21% approve. in this current time of this discussion you can see some benefits to the white house. who do you trust more to develop solutions and meet the country's economic challenges? the president has
if you look at president obama's job approval rating, it follows the same sort of harsh divide. he is now enjoying an approval rating that he is not enjoyed since early in his term, 54% approve, but you see again if you look at the left side of your screen how this is polarized, with 87% of republicans saying they disapprove. 93% of democrats say they approve. independence in the middle, 48. so you still have this very polarized view of what's going on but there has been a general improvement...
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Dec 6, 2012
12/12
by
CSPAN
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eye 134
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obama is introduced by the c.e.o. of boeing. >> we at the business roundtable are grateful to both the electricity -- for the engagement we have had with you and members of your team. listen, i know your team has really reached out significantly over the last few months to many people in this room. and i know personally from my work in the last three years on the export council that the outreach to us is again you inand we know you are seeking solutions that was outlined very sincerely this morning when we met with jack and the rest of the team. and i hope you get the same sense of purpose and commitment from us as we engage with you. there aren't a lot of wall flowers in here and eager for a two-way exchange nonetheless and hopefully your takeaway will be we can serve a useful purpose in the dialogue. mr. president, thank you again for joining us today. we would love to hear from you. [applause] >> good morning everybody. it is great to see all of you. many of you had a chance to see individually or in small groups o
obama is introduced by the c.e.o. of boeing. >> we at the business roundtable are grateful to both the electricity -- for the engagement we have had with you and members of your team. listen, i know your team has really reached out significantly over the last few months to many people in this room. and i know personally from my work in the last three years on the export council that the outreach to us is again you inand we know you are seeking solutions that was outlined very sincerely...
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Nov 30, 2012
11/12
by
KPIX
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well above the national rate of 7.9%. >>> ocean beach preparing for the storm and city workers want to make sure... [ indiscernible ] we'll have that story coming up. >> and president obama's private lunch with mitt romney. what they talked about and what they ate. i play the lotto. >> get in line. soon californians will play powerball too. when the game is coming to town and who is the real winner. ,, ,, he should take somebody dancing. oh my god, him dance? have you seen his shoes? they look like, they look like flippers. [ aunts laughing ] [ male announcer ] find some peace this holiday. get an 8 piece meal now with a dozen delicious cookies baked in-store. the kfc festive feast. all for just $19.99. yes you did. no i didn't. yes you did. no i didn't. yes you did. no i didn't. did not. [ male announcer ] today tastes so good. secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. well, inside the brewer, there's a giant staircase. and the
well above the national rate of 7.9%. >>> ocean beach preparing for the storm and city workers want to make sure... [ indiscernible ] we'll have that story coming up. >> and president obama's private lunch with mitt romney. what they talked about and what they ate. i play the lotto. >> get in line. soon californians will play powerball too. when the game is coming to town and who is the real winner. ,, ,, he should take somebody dancing. oh my god, him dance? have you seen...
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Nov 29, 2012
11/12
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KRON
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tax rates for everyone else. his two top negotiators will meet tomorrow on capitol hill. the sessions are important step on determining how the government can work together. a seemingly slight change in tone in washington today kron4's political analyst michael yaki is here to talk about it all -- >> in order to kick the debt ceiling the wanted its deficit reduction and this is basically that a stop- active measure to save it or to get a deal done. nobody wants to go there but we need deficit reduction and this is how we to it. >> . read saying that was not doing that well but now, john boehner is a saying that it is a little bit better what is going on? >> not really anything they are still talking at each other and the president is now bringing more to the bargaining table for john boehner to bring more provisions for the debt ceiling. >> at least four more weeks to get this done this is huge which is already it is a lumbering along in doing anything realistically was of the public expect at this point? >> what
tax rates for everyone else. his two top negotiators will meet tomorrow on capitol hill. the sessions are important step on determining how the government can work together. a seemingly slight change in tone in washington today kron4's political analyst michael yaki is here to talk about it all -- >> in order to kick the debt ceiling the wanted its deficit reduction and this is basically that a stop- active measure to save it or to get a deal done. nobody wants to go there but we need...
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954
Nov 29, 2012
11/12
by
CNNW
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a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2
a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest...
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Dec 5, 2012
12/12
by
CSPAN2
tv
eye 74
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as a rule, the lower the rate the better for investment in the better for job growth. in terms of medicare and medicaid, you'll see for upper income under obama carries authority been done. if you're going to make two and $50,000 here gopi attacks that flows into fun that thing. democrats added in the first two years an enormously new program. it's by the lake had a chilling dollars of taxes of its own, 600 alien over a decade and they're beginning to kick in now. your tanning salon has an extra 10%. the wheelchair will have a device check. if your high income investor, you already going to get hit with taxes to fund the president's health care proposal. >> host: at this included on budget proposals put out? >> guest: i think they are. we think something said to be open for negotiation or review. it's not going to do a full repeal. there have been areas where work done before. both sides came together. a republican plan to give it a 1099 forms to kill small businesses. i was a idea. this thing is it that break or fiscally for the country over the next decade and i will
as a rule, the lower the rate the better for investment in the better for job growth. in terms of medicare and medicaid, you'll see for upper income under obama carries authority been done. if you're going to make two and $50,000 here gopi attacks that flows into fun that thing. democrats added in the first two years an enormously new program. it's by the lake had a chilling dollars of taxes of its own, 600 alien over a decade and they're beginning to kick in now. your tanning salon has an...
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Nov 29, 2012
11/12
by
CNNW
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obama won. the american people are very clear. that at a time when the middle class is disappearing and the people on top are doing phenomenally well and as warren buffett mind us, their effective tax rate is quite low. the wealthy are going to have to start paying their fair share of taxes. and i am happy to report to you what you already know. is that more and more republicans are catching on to that fact. >> but the republicans did maintain a significant majority in the house of representatives and it takes two to tango. >> absolutely. but i think the republicans are also good politicians. they have seen the polls, they have seen the election results and more and more republicans have been saying, you know what, we're going to have to ask our wealthy friends to start paying their fair share of taxes and do what we did in the senate, which is protect the bottom idea. >> but you're not open to any cuts in entitlement spending? >> well, first of all, social security, as most americans know -- >> what about medicare and medicaid? >
obama won. the american people are very clear. that at a time when the middle class is disappearing and the people on top are doing phenomenally well and as warren buffett mind us, their effective tax rate is quite low. the wealthy are going to have to start paying their fair share of taxes. and i am happy to report to you what you already know. is that more and more republicans are catching on to that fact. >> but the republicans did maintain a significant majority in the house of...
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Dec 5, 2012
12/12
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CSPAN2
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in 2001, they enact a major rate reduction. they let the rate structure of the amt remain intact. that means for people between 1,200,500,000, the exact people potentially subject to this increase in tax under the obama plan did not receive the full benefit of the bush tax cuts. that is just a fat. if your income is over 500,000, you got the rate. as a product of a very bizarre rate structure. congress was quite cognizant of that rate structure when they enact their 2001 act and decided not to change it because it had the impact of making that tax cut look less unaffordable than it actually was. >> host: dennis, blatant, yutaka and independent caller. >> caller: good morning. i have a question for mr. buckley. i think it's a no-brainer. whenever any of my expenses went up, taxes included for taxes that were levied on one of my suppliers for anything under the expenses, i would turn around and up the cost of whatever i was doing to my customer and it seems to me that whatever the tax increase is to businesses, small, medium or large, unless the philosophy has changed a whole lot, t
in 2001, they enact a major rate reduction. they let the rate structure of the amt remain intact. that means for people between 1,200,500,000, the exact people potentially subject to this increase in tax under the obama plan did not receive the full benefit of the bush tax cuts. that is just a fat. if your income is over 500,000, you got the rate. as a product of a very bizarre rate structure. congress was quite cognizant of that rate structure when they enact their 2001 act and decided not to...
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Dec 5, 2012
12/12
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CSPAN
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president obama wants it to go back to the 20% rate. dividend taxes are on dividends that are paid out by companies. george w. bush wanted to follow parity, that they should be taxed at the same rate. what would happen when the tax rates expire, the capital gains rate would go up 20%. the dividend rate would go to 39.6%. there would be a big gap there. they want to maintain that parity and to find something between 50% and almost 40% -- 15% and almost 40%. why is this a battle? guest: it is a big deal for the fight over income inequality. democrats have long targeted the capital gains tax as something that makes the tax code less regressive and increases in a quality. a lot of wealthy people make money through investments. it is a big issue for corporations and investors who feel corporations are already taxed and you're essentially putting another tax. host: who pays the capital gains tax? guest: if you buy a stock and make money, you are paying it. it tends to hit upper income earners more. anybody in the stock market will be paying t
president obama wants it to go back to the 20% rate. dividend taxes are on dividends that are paid out by companies. george w. bush wanted to follow parity, that they should be taxed at the same rate. what would happen when the tax rates expire, the capital gains rate would go up 20%. the dividend rate would go to 39.6%. there would be a big gap there. they want to maintain that parity and to find something between 50% and almost 40% -- 15% and almost 40%. why is this a battle? guest: it is a...
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Nov 29, 2012
11/12
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CNNW
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this is something started under president bush, continued under president obama's administration. what does it involve? >> let's talk about why she did this. in the speech she talked about the improvements and lower incidence of hiv and terrific and death rates are going down but still, there is more than a million and a half people dying every year from hiv and aids and that's -- that has to be addressed and talked about a couple of things she wants to see get done. >> sure. >> first of all she would like to see increased mail s circumcisi circumcision. that's voluntary, i should add. increased generic drug use. get those drugs out to the people that need them and also she wants to see condom use promoted more and more distributed so, you know, that's been sort of a controversial thing in many countries. she was very specific about this. >> where do we stand coming to hiv and aids? how does it differ place to place or group to group? >> sub saharant africa has suffered the most. in this country we see too many people dying of hiv and aids and many people with the disease don't kn
this is something started under president bush, continued under president obama's administration. what does it involve? >> let's talk about why she did this. in the speech she talked about the improvements and lower incidence of hiv and terrific and death rates are going down but still, there is more than a million and a half people dying every year from hiv and aids and that's -- that has to be addressed and talked about a couple of things she wants to see get done. >> sure....
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Nov 29, 2012
11/12
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CNNW
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how much does obama care add? what is our growth rate? you know, we don't have a plan. >> yeah. >> and we're throwing these dollar numbers around like if they were nothing. >> i spoke with james clyburn, representative clyburn last hour, about the notion of raising tax rates on the wealthy and not where the president wants them. he said i want it higher. take a listen and then talk about it. >> we know where the president is. and that is 250,000. but there are a lot of democrats who voiced back before the campaign 500,000. some say even a million. all of that's going to be negotiated. the president wants 250. if mr. boehner wants to come and offer something different, i'm sure he'll do that but the president stands at 250. which is below even where i was but he won the election. >> do you think that's where the compromise is, have it at a higher rate, somewhere in there? >> i think what needs to happen is for the democrats to come forward with ideas for expenditures. because if not, what he's asking for is for speaker boehner to negotiate
how much does obama care add? what is our growth rate? you know, we don't have a plan. >> yeah. >> and we're throwing these dollar numbers around like if they were nothing. >> i spoke with james clyburn, representative clyburn last hour, about the notion of raising tax rates on the wealthy and not where the president wants them. he said i want it higher. take a listen and then talk about it. >> we know where the president is. and that is 250,000. but there are a lot of...
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Dec 7, 2012
12/12
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MSNBC
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. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing the word lunatic from all federal laws. it's the latest move by congress to remove language seen as demeaning or out of date, like lunatic. >>> and in australia, prime minister julia gillard talked about the supposed prediction by the mayan calendar that the end of the world is coming in two weeks. well, she did it for a comedy video for a radio show. >> i'm confident in the prediction that the world is about to end. whether the final blow comes from flesh-eating zombies, demonic hill beasts or from the total triumph of cable, if you know one thing about me, it is this, i will always fight for you to the very end. and at least this means i won't have to do q&a again. good luck to you all. >> the dead-pan delivery, always important in comedy. th
. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing the word lunatic from all federal laws. it's the latest move by congress to remove language seen as demeaning or out of date,...
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Dec 4, 2012
12/12
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CNNW
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to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> let's talk about the fiscal cliff and more with congresswoman debbie wasserman schultz of floor, chair of the democratic national committee. and the president has nominated you for another term. let's talk about the fiscal cliff. the president says the republicans have to agree to raising the marginal tax rate for the wealthiest top 2% from 35%. does he mean it has to go back up to 39.6% as was the case during the clinton administration or is there some wiggle room in between 35% and 39.6%? >> the president has repeatedly said there's room for compromise. but what this boils down to is a matter of fairness and a matter of math. giving certainty to the middle class is essential. there's no way mathematically, if you look at the republican's proposal, that you can get to the deficit reduction that we need to with preserving the middle class tax cuts by not increasing as the republicans refuse to do the upper tier rates. there's
to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> let's talk about the fiscal cliff and more with congresswoman debbie wasserman schultz of floor, chair of the democratic national committee. and the president has nominated you for another term. let's talk about the fiscal cliff. the president says the republicans have to agree to raising the marginal tax rate for the wealthiest top 2% from 35%. does he mean it has to go back up to 39.6% as...
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president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term unemployed. that means people like linda vega, are worried. >> christmas and things of that nature are probably off the table. >> reporter: aides to president obama and speaker boehner met yesterday afternoon. but that meeting ended with no discernible signs of progress. rob and paula? >> thanks, tahman. >>> once the numbers are all tallied, they're going to show that the 2012 presidential election was the most expensive in history. campaign finance statements put the total cost at well above $2 billion. virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by
president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term...